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Search Results 0 to 4 of about 5 (some duplicates have been removed)
-thirds of the g.d.p. of the united states of america. over $9 trillion. they write half of the mortgages in this country, and two-thirds of the credit cards, okay? three out of the four large financial institutions that we bailed out because they were too big to fail are today bigger than they were before we bailed them out. now, if this were teddy roosevelt were president of the united states, what do you think he would say? he'd say, "break these babies up." let's create a system where the financial institutions actually invest and lend money into the productive economy, where businesses are trying to produce products or create services, not the kind of casino, this horrendous, ugly casino that we have on wall street. >> but senator durbin, the number two democrat in the senate said to me and to others that the banks, wall street, those six firms now own the senate. >> that's right. that's all absolutely right. >> how are you going to, how are you going to get a reform there, when they -- >> well, that takes us back to another issue that dick and i and others are working on. and that i
for coal. >> you have say unique sper spective. you say coal provides 10% of the electricity in the united states. what's your take on economic demand as we move into the new year? >> well, what we're not seeing is strong industrial and manufacturing demand. not to say that we're not seeing growth in certain areas. i think in terms of economic activity. we're seeing a little growth, but it's not to the point where it needs to be in our view to make a fundamental difference to getting the economy where it ought to be in terms of higher levels of gdp growth. we appreciate the insights. it's greg boyce, the ceo of peabody energy. you can see our entire interview online at nbr.com. also online, how do long-term investors fit into the market in this age of high-frequency trading? visit nbr.com. tomorrow on nbr, home prices aren't the only things going up in housing-- the cost of land also is on the rise. and the latest efforts for parents and students to make better financial decisions when it comes to paying for college. could this hail mary pass force a breakthrough in one of the country's hi
Search Results 0 to 4 of about 5 (some duplicates have been removed)